Chapter 17 - Question 6 :
I figure out the answers, could you check and let me know what
wrong (if any). Thank you
Miguel receives tangible personal property as an inheritance in
2016. The property was depreciated by the deceased (Miguel's
father), and Miguel will also depreciate it. At the date of the
deceased's death, the property was worth $532,000. The deceased had
purchased it for $900,000 and had taken $523,000 of depreciation on
the property. Miguel takes $223,000...